QRPIX – AQR Alternative Risk Premia I Investment Strategy | Morningstar

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Strategy

The investment seeks positive absolute returns. The advisor pursues the fund's investment objective by aiming to provide exposure to five separate investment styles: value, momentum, carry, defensive and trend using both long and short positions within the following asset groups: stocks, equity indices, bonds, interest rates, currencies and commodities. The fund will achieve its exposure to any of the Asset Groups by using derivatives or holding those assets directly. It will also use derivatives for hedging purposes.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
QRPNX	AQR Alternative Risk Premia Fund Class N	No Load	Open			Sep 19, 2017	$119.04M	1.740%	High	$2,500	$86.13M
QRPIX	AQR Alternative Risk Premia Fund Class I	Institutional	Open			Sep 19, 2017	$777.43M	1.480%	Above Average	$5M	$472.10M
QRPRX	AQR Alternative Risk Premia Fund Class R6	Retirement, Large	Open			Sep 19, 2017	$227.64M	1.340%	High	$50M	$14.30M

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